SLX vs. WTID ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs (WTID)
SLX
Market Vectors Steel Index ETF Fund
SLX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.
Grade (RS Rating)
Last Trade
$69.45
Average Daily Volume
10,488
26
WTID
Bank Of Montreal MicroSectors Energy 3X Inverse Leveraged ETNs
WTID Description
The investment seeks to provide a three times leveraged inverse exposure to changes in the level of the Bloomberg WTI Crude Oil Subindex ERSM. The index is designed to measure the return from a rolling long position in WTI crude oil futures contracts that trade on major U.S. exchanges.Grade (RS Rating)
Last Trade
$15.96
Average Daily Volume
949
10
Performance
Period | SLX | WTID |
---|---|---|
30 Days | 0.86% | -9.80% |
60 Days | 4.30% | -14.53% |
90 Days | 4.48% | -10.21% |
12 Months | 4.04% | -29.86% |
0 Overlapping Holdings
Symbol | Grade | Weight in SLX | Weight in WTID | Overlap |
---|
SLX Overweight 26 Positions Relative to WTID
Symbol | Grade | Weight | |
---|---|---|---|
RIO | D | 9.53% | |
VALE | F | 7.62% | |
NUE | D | 5.98% | |
STLD | B | 5.78% | |
TS | B | 5.62% | |
HCC | B | 5.61% | |
RS | B | 5.09% | |
MT | B | 4.99% | |
CRS | A | 4.96% | |
CMC | B | 4.85% | |
X | C | 4.56% | |
CLF | F | 4.37% | |
GGB | C | 4.25% | |
TX | F | 4.12% | |
ATI | C | 3.78% | |
SID | D | 3.76% | |
PKX | F | 3.64% | |
WS | B | 2.42% | |
ROCK | D | 2.31% | |
USAP | A | 1.26% | |
ASTL | B | 1.25% | |
SXC | A | 1.09% | |
ZEUS | C | 0.94% | |
RYI | C | 0.87% | |
MTUS | D | 0.71% | |
RDUS | C | 0.57% |
SLX: Top Represented Industries & Keywords
WTID: Top Represented Industries & Keywords